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Honda reports record group sales

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111774 Click here to see all messages by 111774 Click here to see member profile (Apr 26 2007 - 09:09)Rate | Report
Those incredibly expanding sales figures - yet the profits are going the other way. And global sales are the reason they are saying. Watch this space and see...
 
111774
urko Click here to see all messages by urko Click here to see member profile (Apr 26 2007 - 09:20)Rate | Report
you're talking apples oranges here.

sales figures reported here are number of vehicles.

this does not mean they make more as they would have sold more units of cars with lower profit margins per vehicle.

pretty simple math.

look at where the credit trades, that tells you the real story.
 
urko
111774 Click here to see all messages by 111774 Click here to see member profile (Apr 26 2007 - 09:35)Rate | Report
Thanks. Forgive me for flogging this dead horse. I just hope that time will prove me right.
Your statement though holds true - but under normal trading. My thesis is based in non-normal, as in illicit reporting - something I've been exposed to... Hope you're correct and I'm wrong.

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